A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Sat Dec 08, 2012 8:16 pm

Im, sorry, Im taking a time out... 8) Gonna have a couple shots of rum spiced cider.
Last edited by dojirock on Sat Dec 08, 2012 9:25 pm, edited 1 time in total.
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"

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bettlebox
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Re: sos

Postby bettlebox » Sat Dec 08, 2012 9:03 pm

Hi Pinux

It all boils down to price expanding and then contracting.

call it zlines, call it supply and demand, call it thinking like a market maker, call it support and resistance its all same .

I will give some links to sam seidens supply and demand, only because it best documented and if understand it you are well on the way to understand everything here.

best advice is stick 2 time frames, 4hr and 15min timeframe for time being. 3 timeframes will confuse the hell out of you. You have to go thought period of gaining exprience and then you can take on 3 timeframes.

Master :-
1. trend direction on higher timeframe
2. understand where you are in cycle of price expanding and contracting.
3. identify where and how price stops n reverses ie zline,supply n demand, support or resistance.

What i did with point 3 was look at whole bunch of trades of holding the price at an area and trades that fell straight through an area with out stopping. If you look at enough trades like this you will start to see clues when price is going to stop n reverse or fail and fall through.

Then you have entry, people have differnet styles i use 15min rat trades of zlines,s/d /s/r.This is something you have to research and see what suits you.

here is some links:

http://www.acegazette.com/en/trading-ar ... y-mel.html

http://www.forexfactory.com/showthread.php?t=311095

http://www.forexfactory.com/attachment. ... 1317247235

http://lessons.tradingacademy.com/artic ... verlooked/

http://lessons.tradingacademy.com/artic ... oper-focus

http://lessons.tradingacademy.com/artic ... to-follow/

BB

pinux1976 wrote:bettlebox Can you help me to find for study better the PA with break and retest the previous resistance/support
indicator like the image above?


arkan1976 your indicator with pips ? i found with google??



dojirock




in my stupid mind i want to have
1) a main trend idea with dojirock indicator for pullback on higher TF4
2)a view on tf 60 with clear and easy view from bettlebox
and
3) go to low tf 15 and entry with arkan 1976 indicator

i hope can you help me
i have reading this forum years ago -> go to market -> loss->study->another loss->study-> ops another loss

and in this 6 months i have delete all the indicator and study Price action and here i have found you
the 3 Musketeers (arkan1976, bettlebox, dojirock ) in in your hands

thanks for have read me
p.s sorry for my bad english
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

pinux1976
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Postby pinux1976 » Sat Dec 08, 2012 9:23 pm

thanks to all ill' go to study

arkan1976
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Postby arkan1976 » Sat Dec 08, 2012 9:32 pm

thanks Dojirock for your time.
Sincerely now enter in places that never i never seen before.
thank you very much to you too Bettlebox !

arkan1976
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Re: sos

Postby arkan1976 » Sat Dec 08, 2012 10:28 pm

pinux1976 wrote:bettlebox Can you help me to find for study better the PA with break and retest the previous resistance/support
indicator like the image above?


arkan1976 your indicator with pips ? i found with google??



dojirock




in my stupid mind i want to have
1) a main trend idea with dojirock indicator for pullback on higher TF4
2)a view on tf 60 with clear and easy view from bettlebox
and
3) go to low tf 15 and entry with arkan 1976 indicator

i hope can you help me
i have reading this forum years ago -> go to market -> loss->study->another loss->study-> ops another loss

and in this 6 months i have delete all the indicator and study Price action and here i have found you
the 3 Musketeers (arkan1976, bettlebox, dojirock ) in in your hands

thanks for have read me
p.s sorry for my bad english



jajajaj 3 Musketeers , that good.
Sorry pinux, but i can not help you so much, because i´m learning.
It´s true that I've come a long way in recent months, but i´m so far to be consistent, and i don´t if some day i´ll get.
relating to the picture, those lines are drawn manually, are known Dragon lines, that really are supports and resistances.
However are a indicator that draw the lines : II_Dragon_OC_Lines.mq4
but my advice is that you learn to draw the lines manually.
Cheers.

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prochargedmopar
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Postby prochargedmopar » Sun Dec 09, 2012 5:11 am

dojirock wrote:Example chart


The exact same trade entries/setup that Steve @ ftc says he would recommend for newbies (but is also his favorite.)
6/12 fresh cross/pullback on H4 timeframe.
First bband hit after new highs/lows added by me for good measure. ;)


Simple is as simple does.

55 pip (If/Then) would suffice on an H$.

And there is PLENTY of pips without having to pick tops/bottoms.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby prochargedmopar » Sun Dec 09, 2012 5:28 am

Repetition is the mother of all learning.
Perfect practice makes perfect (and builds intuition).

In the last 5 days............
Long arrows show what I've come up with to limit larger drawdowns.


http://screencast.com/t/yhcLSX2NbHEb

478 trades and counting.
Last edited by prochargedmopar on Sun Dec 09, 2012 2:51 pm, edited 1 time in total.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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prochargedmopar
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Postby prochargedmopar » Sun Dec 09, 2012 5:53 am

Trading is 99% psychological.



Look at this H4 chart of EU.
Look at this crazy F'er trading against the "TREND".

Rule #1
Enter on a "fresh" touch of the big figure after price has moved 100 pips to get there.
Rule #2
Use a 30 pip stop and 30 pip take profit.


How many pips do you make, how many do you lose?

Any questions?
Ask yourself WHY, the real reason WHY you are NOT successful at trading.


#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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prochargedmopar
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Postby prochargedmopar » Sun Dec 09, 2012 5:55 am

Price went 30 pips against you ONCE, and you Immediately recouped the loss on the very next trade.
LOL
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

pinux1976
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first 1/2/3/ and more question hehe

Postby pinux1976 » Sun Dec 09, 2012 7:42 am

i have read the pdf because the other page i have saved on a previous pdf
i have 2/3 beginner question
i'll attacced a full size image because this forum resize to 800x600 to small for my eyes
question:
1) the violet line (supply) 1/2 was untouched =-> good for the first touch when occured ?correct
2)the violet line n°3 touch friday in this case ( i don't like to trade friday ) the entry correct was a
pending order on the top on the violet box with stop 1/2 pip below the bottom or attend that the
first candle red close (in this case inside) and the next close go to low tf for find correct Price action
for long entry?
3) Orange A touched friday entry at touch and stop above orange or attend close (in this case beatiful double top to confirm) and short?
4) Orange B line was touched 1 in 29/ oct and touched 2 on 26 nov and at the third touch broke , in this case i have to delete i have understand well'

5) i have missed supply and resistence zone draw on my image
and if we have suggest thanks in advance

how many days i have to go back for check the line 1 month is enough? more less?




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